Egypt's stocks retreat on Wednesday; July 30 amid local sell-off    Egypt's Cabinet approves E-Tax platform contract    EU economic sentiment improves in July '25    PM: Sisi's Gaza speech reaffirms Cairo's steadfast stance on Palestinian cause    Egypt, France airdrop aid to Gaza amid growing humanitarian crisis, global criticism of Israel    Egypt launches initiative with traders, manufacturers to reduce prices of essential goods    SCZONE chief discusses strengthening maritime, logistics cooperation with Panama    Supply minister discusses strengthening cooperation with ITFC    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Egypt will keep pushing for Gaza peace, aid: PM    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Adib's Launches Capital Protected Oil Note Iii
Published in Amwal Al Ghad on 04 - 08 - 2012

Abu Dhabi Islamic Bank , a top-tier Islamic financial services institution, today announced the launch of the third version of its two-year, 100 per cent Capital Protected Oil Note on the back of the successful placement and excellent return that accrued from its first oil note. The Shari'a-compliant ADIB Oil Note III is open for subscription from end of July, 2012 until 9th September 2012.
ADIB Oil Note III provides investors with an opportunity to invest in this commodity on a secured basis. As a benchmark, its predecessor, ADIB Oil Note I, earned investors almost 18% over a 2 year period, which is significantly higher than other `risk free' products currently in the market.
This latest offering is part of ADIB's wealth management approach to provide customers with a diversified suite of investment solutions. The strategy involves developing and delivering best in class investment solutions tailored to meet the financial needs of customers through effective financial planning and asset allocation. ADIB Oil Note III is part of the bank's series of investment products that cater to diverse risk appetite and return expectations of its clients.
This year alone, ADIB have launched various structured notes, 3rd Party Mutual Funds, Private Placements, Sukuks and the ADIB Select Savings Investment Plan.
Zawya


Clic here to read the story from its source.